Det G16A
Issued
09 Feb 1990

Discounted Value of Amounts Payable in Relation to Trade Credits Denominated in New Zealand Currency

This determination provides the method to be used to calculate the core acquisition price for a trade credit where the trade credit is not a short term trade credit; the amounts payable are denominated in New Zealand dollars; all amounts payable and the dates on which they are payable are known at the first balance date after supply date; and the term of the trade credit is known at the first balance date after supply date.